Global 20-character identifier for financial transactions. Mandatory for OTC derivatives, forex transactions, and large value RTGS/NEFT payments.
Legal Entity Identifier (LEI) is a 20-character, alphanumeric code that uniquely identifies legally distinct entities participating in financial transactions worldwide. In India, LEI is mandatory for entities dealing in OTC derivatives, forex markets, and those making RTGS/NEFT payments above Rs. 50 crore. LEI is issued by Legal Entity Identifier India Ltd (LEIL).
Verify entity details and requirements
Prepare and compile all documents
Submit application on LEI India portal
Receive LEI code after verification
Timeline: 3-5 Days
*Govt fees extra where applicable